Olaplex Inc (OLPX) PT Lowered to $20 at Jefferies
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OLAPLEX Reports First Quarter 2022 Results
May 11, 2022 6:45 AM EDTNet Sales grew 58% in the first quarter 2022Diluted EPS for the first quarter 2022 of $0.09 and Adjusted Diluted EPS of $0.13
SANTA BARBARA, Calif., May 11, 2022 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) (OLAPLEX or the Company), an innovative, science-enabled, technology-driven beauty company, focused on delivering its patent-protected premium hair care products to professional hair salons, retailers, and everyday consumers, today announced financial results for the first quarter ended March 31, 2022 ("first quarter 2022").
First Quarter 2022 compared to First Quarter 2021:
Net sales increased 57.6% to $186.2 million;... More